Title says it all. If you think Reddit’s been trending down lately, just wait.

  • Hamartiogonic@sopuli.xyz
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    1 year ago

    Ahh, but it’s a bit more subtle than that.

    The API pricing was a tool to kill the apps, because Reddit is not able to milk ad money from those users. Now that most of the 3rd party apps are dead and most subs are open, users have no choice but to be exposed to adds. That’s where the real money is.

    • zurohki@lemmy.fmhy.ml
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      1 year ago

      Yeah, but Reddit makes pennies per user from showing them ads, so they’re still losing money.

      Rather than laughing all the way to the bank, it’s more of a forced chuckle on the way to the dole office.